- CEO
- Rakshit Jain
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- New Delhi India
- IPO Date
- Nov 10, 2021
- Business
- National Highways Infra Trust is an India-based infrastructure investment trust sponsored by the National Highways Authority of India to acquire, operate, maintain, and manage operational toll road assets across the national highway network. Founded in 2020 and headquartered in New Delhi, India, the trust operates within the transportation infrastructure sector, investing primarily in revenue-generating highway assets under long-term toll-operate-transfer concessions through its project special purpose vehicles.
The trust provides transportation infrastructure management and toll monetization services across inter-state and intra-state transit corridors. Its core offerings and operational activities include the long-term operation, maintenance, and tolling of multi-lane national highway concessions; electronic toll collection administration and revenue realization through interoperable FASTag systems; highway traffic management and real-time incident monitoring through intelligent transportation systems; routine, preventive, and periodic pavement maintenance, corridor overlaying, and structural asset preservation; roadside safety management, medical and towing emergency response coordination, and wayside amenities oversight; and corridor capacity enhancement and safety engineering services. The trust's geographic operations encompass national highway stretches spanning multiple Indian states, including Rajasthan, Gujarat, Telangana, Maharashtra, Uttar Pradesh, Madhya Pradesh, Karnataka, Andhra Pradesh, West Bengal, and Assam.
In recent developments, National Highways Infra Trust has expanded its operational footprint through multiple rounds of asset acquisitions from the National Highways Authority of India under the National Monetisation Pipeline, substantially increasing its aggregate operational lane kilometers. To finance these asset additions, the trust completed institutional equity fundraises through private placements to global institutional investors, including CPP Investments and Ontario Teachers' Pension Plan, while expanding its domestic capital base through the issuance of listed, rated, redeemable non-convertible debentures. In addition, the trust has advanced its operational modernization by implementing digital toll audit systems, automated vehicle classification infrastructure, and predictive pavement maintenance analytics across its highway networks.